1940 Feather River BlvdOroville, CA 95965

Property Details for 1940 Feather River Blvd

Year built

1979

Construction

WOOD

Lot size

0.03 AC

Property size (Sq ft)

1,500 SF

Zone code

C2

Property type

Office properties

Property subtype

Office buildings

APN

035-240-074-000

APU

35240074000

Description

This exceptional retail opportunity presents 5,746 square feet of vacant space within a thriving shopping center situated at 1940 Feather River Blvd, Oroville, CA 95965. The property, categorized as a shopping center/convenience center with anchor space, offers multiple tenancy options. Individual spaces range from a minimum of 1,489 square feet to a maximum contiguous space of 2,733 square feet. The entire 5,746 square foot building is currently available. The 0.69-acre lot enjoys a prime location on Oroville's main retail corridor, boasting impressive daily traffic counts exceeding 7,581 vehicles. The intersection of Feather River Blvd and Oroville Dam Blvd sees even higher traffic, with over 30,340 cars daily. This high-visibility location benefits from proximity to numerous national retailers, including Goodwill, Smart & Final, Ross Dress for Less, Harbor Freight, Starbucks, McDonald's, and Panda Express, ensuring strong foot traffic and brand recognition. This presents a unique chance to establish or expand a business in a bustling and well-established commercial area. The property's strategic placement and the surrounding retail mix create an ideal environment for a variety of businesses. This is a rare opportunity to secure a significant presence in a high-demand Oroville retail location.

• CAP approach

  CAP return

  Valuation

  6%

  $270,333

  6.5%

  $249,538

  7%

  $231,714

• Comparable approach

  Method

  Valuation

  Relative Method

  $214,170

  Geo Method

  $214,170

• Alternative Use

  Use

  Valuation

  Residential

  $309,428

  Hospitality

  $283,434

  Educational

  $235,814

  Medical

  $243,924

  Retail

  $366,821

Location Insight

City

Oroville

County

Butte

State

California

Latitude

39.503

Longitude

-121.571

CBSA code

17020

CBSA name

CHICO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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